Pashupati Advani on 3 themes that should shine in 2025
Pashupati Advani, Founder, Global Foray, says he has been analyzing struggling and stable sectors. The auto sector saw a decline in 2024, highlighting potential opportunities in underperforming areas. Auto sales are down, but decisions can wait. Other affected sectors include oil, gas, and, to a lesser extent, energy and commodities, may see a turnaround this year. Public sector companies and banks are also facing challenges, presenting opportunities as they remain 10% to 20% below peak values. Overall, the market appears stable. However, with investments returning to the US and optimism surrounding Donald Trump's presidency, this shift may not benefit other regions.
What is your outlook on the markets and which are the big themes that you are tracking at this point?
Pashupati Advani: I have just been reading which are the sectors that have been hit and the ones that are not hit. One is the auto sector, which was down in 2024. I am one of those who believe that you should look at sectors that have not done well and see if there are any hidden gems. So, one is autos. We see that there is pressure in auto sales. There is still a little bit of time before you go into that.
The other ones that have been beaten down are oil and gas and to some extent energy and commodities. This is the year when those are going to be the winners. And to some extent, the public sector enterprises and public sector banks also have been hit. So, that is where one should be looking for hidden gems because they are 10%, 15%, 20% off their
